Skip to main content

About your Search

20121121
20121129
STATION
CNNW 39
CSPAN 2
LANGUAGE
English 41
Search Results 0 to 40 of about 41 (some duplicates have been removed)
that could very well damage the economy. but the air of compromise among some notable republicans is definitely grabbing attention. the republicans' comments quickly caught fire. >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> a pledge you signed 20 years ago, 18 years ago is for that congress. the world has changed and the economic situation is different. >> i'm not obligated on the pledge. i made tennesseans aware, i was just elected, that the only thing i'm monitoring is the oath that i take when i serve when i'm sworn in this january. >> reporter: gop lawmakers bluntly stating to alert the fiscal cliff, they're ready to break from grover norquist and the pledge he's got most republicans to sign to never raise taxes. norquist waste nod time hitting back on cnn's s"starting point" >> it doesn't pass the laugh test. if you want to go to your voters and say, i promised you this and i'm breaking that problem, you can have that conversation with them. but you don't have an argument with me. you've made a c
>>> tonight, battleground america. the looming fiscal cliff and the fight to save the economy. in his first interview since the big romney loss, i will ask reince priebus if his party is out of touch with the country. plus his plans to fix the gop. >>> plus president obama's tax push. he wants the rich to pay up but is it fair? >>> and one of the most influential spiritual leaders in the world, america's pastor, rick warren. he was there at barack obama's first inauguration. will he be there again? we're talking politics, same sex marriage and the "two and a half men" star whose christian conversion has him attacking his own show. this is "piers morgan tonight." >>> good evening. our big story tonight, countdown to financial doomsday, the fiscal cliff and the clock is ticking. 35 days left before this massive sweeping tax hike. america's now at the mercy of washington, hoping that both sides can end the fighting and make a deal. anti-tax champion grover norquist last night told me he's keeping republicans to the no tax increase pledge they made decades ago. but should his part
period of lower rates further into the future we are not saying we expect the economy to remain weak until 2015. rather, we expect, as we indicated in our statement, that a highly accommodative stance of monetary policy will remain appropriate for a considerable time after the economic recovery strengthens. in other words, we want to be sure that the recovery is established before we begin to normalize policy. we hope that such assurances will reduce uncertainty and increased confidence among households and businesses, thereby providing additional support for economic growth and job creation. the u.s. economy continues to be hampered by the lingering effects of the financial crisis on its productive potential and by a number of headwinds that hindered cyclical adjustment of the economy. the federal reserve is doing its part by providing accommodative monetary policy to promote a stronger economic recovery in the context of price stability. as i said before, while monetary policy can help to support economic recovery, it is by no means a panacea for our economic ills. uncertainties ab
. again, growth is rather important and it's what we ought to be rather than raising taxes. if the economy grew at 4% instead of 2% a year for one decade. the federal government would net $5 trillion. that would pay down all of the debt that obama's accumulated in the first four years. if we had grown at reagan rates of growth instead of obama rates of growth, 11 million americans would be at work today who are out of work. that's how you do it with the most regulations. >> what if we carried along the bush rate of growth of the eight years before bk? >> well, there were three periods of growth or low growth during the bush years. he enlded president bush handing president obama the greatest financial hospital past of most people's living memory. the idea that show the republican economic policies have been this wonder yus success story going back the last three decades is poppycock. >> taxes are not the only policy. when he cut marginal tax rates on gains and dividends from 2002, there was four years of strong economic growth from '03 to '07. what you had was fannie mae and freddie mac ma
taxes which we think would be harmful to the economy. and if you look at how much revenue that raises, $68 billion next year, that funds a government for less than a week. and it does potential significant harm to the economy and raises taxes on the very people we are asking to go out and create jobs. >> dick durbin says when you're talking about entitlement reform or cuts in spending for medicare, medicaid for example, he says that's too complicated now. listen to what he said this morning. >> when it comes to medicare, we know that it's going to run out of money in 12 years. whatever changes we want to make should be thoughtful changes not made in the heat of the fiscal cliff. >> can you defer medicare for example -- medicare reform until after you get a deal on the fiscal cliff? >> well, if we do that, wolf, i think what you have to do is also defer the issue of taxes. i think you extend tax rates some time into the foreseeable future whether that's six months or a year and allow us to go through the process where we can deal with entitlement reform and tax reform in regular order.
cure the economy. the senior editor of "the atlantic" joins us live in the next half hour. he has an interesting perspective. >>> ambassador susan rice heads to capitol hill this morning to mend fences with three republican senators. john mccain, lindsey graham and kelly a at with her information comments made on several networks that played down the role of terrorists in the attack on the u.s. consulate in benghazi, libya, that killed four americans including ambassador chris stevens. rice maintains she made it clear the intelligence information she had at the time was preliminary. senators have threatened to block her nomination if president obama chooses her to be his next secretary of state. >>> and the obama administration responds to the benghazi attack does not get high marks from americans. the results of a new poll out this morning shows a majority of those questioned, 54%, say they are dissatisfied with the administration's handling of the attack. >>> and the body of yasser arafat was exhumed this morning from a mausoleum in the west bank. a team of international scienti
. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. [ gordon ] for some this line is a convenience. how you doing toda i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. in the drive to end hunger trying to find a better job can be frustrating. so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum. so that when you find the job you want you'll be a perfect fit. let's get to work. anyone have occasional constipation, diarrhea, gas, blo
empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. hurry in this saturday and sunday for great deals. like the lucid by lg, free. or the galaxy nexus by samsung, free. this weekend, get the best deals on the best devices on the best network. exclusively at verizon. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. get selsun blue for itchy dry scalp. strong itch-fighters target scalp itch while 5 moisturizers leave hair healthy. selsun blue. got a clue? get the blue. >>> good morning, washington, d.c. take a good look at the shot of the capitol building there. the
for the bailout money. it's a cold shower for anybody getting excited about the economy heating up a new economic report sends a dire warning about the world's economic health. predicts that europe's economy's going to shrink and the u.s. economy is about to take a sharp turn downward. richard quest from london, tell us about this group. is it a bunch of economists sitting around in an office, dealing with real numbers they're crunching? why the dire predixz. >> no, these are serious, severe people. the organization for economic cooperation and development oecd, the rich country's club. 34 developed countries, that is if your gdp per capita over $15,000. long way of saying, extremely respectable, extremely respected. what they are warning, and i've got the numbers in front of me, take the united states. it said they project the u.s. will grow this year to 2.2%, slow down next year to 2%, before picking up in 2014 to 2.8%. but so much so far, so good. the risk is all in the future. i'm going to read it now. according to the oecd the world economy risk, suzanne, is because of the fiscal cliff in th
the other families who have left, you have to talk about the state of the economy. they are not able to find jobs that they used to, and also, it's becoming more and more dangerous to cross the border. not only because of the -- what happens at the border, but because the mexican border states are increasingly under the control of mexican drug cartels, so if you put all of that together, it's creating this situation where mexicans are returning to the united states in record numbers. as a matter of fact, a million mexicans return to mexico between 2005 and 2010. a rate that has want been seen since the 1960s. >> that family finally, do they a desire for their kids to go back when they turn 18, to go back to the united states? is that part of the plan? >> the main problem right now is trying to redefine their life in mexico. luckily, both parents have been able to find jobs. the kids are going to school, so that's not necessarily a case for some of the families who have returned, but the big question now is now what? do we just forget about the life we had, or do we somehow try to apply or ho
. >> if the gel oal is to raise m revenue what's the best way to do that and protect the economy? if you're able to gain more revenue by closing special loopholes and limiting them and keeping the rate down, isn't that a better outcome? >> once again, talk of tax deductions and closing loopholes, but a big note. raising tax rates, so a lot of talk but perhaps not much real movement at least for now. as for grover norquist, he told cnn's soledad o'brien today that although some republicans are discussing impure thoughts on television, they won't really act on them. >> i've had long conversations with lindsey graham. he said i would raise taxes if and then he lists this incredible list of reforms and entitlements that the democrats would never give him. as i suggested to him, i said, senator, you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> whether he does or doesn't bet on taxes, pundits in washington seem terribly impressed that senator graham and others are even talking about going against grover norquist. keeping them honest, though, outside the beltway, most p
, the focus turns back to the u.s. economy now the fiscal cliff talks are looking more promising and the election is behind us. new reports this week on the housing market, manufacturing sector and consumer data. also the second estimate for third quarter gdp comes out on thursday. the broadest gauge of the health of the economy and economists think that number is going to show better growth than we saw, 2.8% down from 2.2% that they had thought earlier. the fiscal cliff being, you know, something that really helped the stock market last week. >> i would imagine. >> don't screw up. >> please, congress, don't mess this up. let's take a live look this morning at the capitol dome where congress is back to work this week. s fiscal cliff staring them in the face. 35 days, we go right over that cliff or right down that slide or whatever the metaphor is we're using today. politicians on both sides of the aisle are now signaling that they're willing to compromise. that includes republicans who've been softening their stance on raising taxes. senator dick durbin, democrat from illinois, w
. the organization for economic cooperation and development cut its forecast for the u.s. economy for this year and next year, and on fiscal cliff negotiations, the oecd said, quote, diseaecisive policy actis needed to ensure that stalemates over fiscal policy in the united states and continuing euro area instability do not plunge the world back into recession. plunge back into recession the whole world, a very bad, bad idea. >> a lot of menacing terms there. fiscal cliff a menacing term here. now we know we are just under 35 days away before we fall off that cliff. which could lead to deep spending cuts. want to bring in republican senator pat toomey from pennsylvania. he was a member of the deficit reduction super committee last year that failed to agree on a plan. but he's been talking about this issue for a long, long time. good morning, senator. >> good morning. >> we just learned that president obama will be traveling to your backyard on friday to talk about the fiscal cliff and spending, and traveling to pennsylvania right now. is this a welcome visit as far as you're earned? >> as far a
of the rings" films boosted the country's economy by $575 million u.s. dollars. they're hoping for that kind of impact again when you see thing s like gollum at the new zealand airport, welcoming visitors. if you fly new zealand instead of a typical safety video, here is what you'll see. >> on the broefing. make sure your belongings are hidden away under the seat before you or in the compartments ahead. >> all travelers must keep a watchful eye on the lighted signs and follow instructions. when the seat belt sign is on, sit yourself down and fasten your seat belt. >> be sure it's low across your hips. >> i would listen to that if they did it that way on american airlines. >> there is a video, carol, that people would actually pay attention to. look at this it's an air new zealand plane freshly painted with the characters from the hobbit that flew over the premiere much to the delight of the crowd. they've really taken ownership of this movie and gotten a little excited about it, like you, carol. >> like me. some people are critical of all the hype, right? >> it's become a bit of a political
be resolved and it puts the focus again back on what's happening in the u.s. economy. what's happening in the u.s. economy? it slowly is healing job market is starting to filter into sentiment. and the housing market is showing some notable signs of improvement. this week we're going to hear more on the housing market. manufacturing sector, also some consumer data. we're going to get some fed regional reports from the federal reserve. also going to get a gauge of gdp, gross domestic product. gdp is the broadest gauge of economic growth. prior quarter was something like 2%, not great. we think that maybe they're going to think this quarter was more like 2.8%, which would show, again, that healing in the market overall. a quick focus for you on the housing market. this is something you probably felt most directly. in part because we have record low mortgage rates. last year the 30-year fixed fell to 3.31%. the 15-year fixed, this is the popular refinancing tool, 2.63%. many of you are telling me you can't qualify. i'm telling you, these rates are going to stay low for a long time so you
and the health of the u.s. economy. >> and all that trouble in washington started last year with the debt ceiling. remember that fight? the u.s. getting very close to hitting the debt ceiling again. what's the debt ceiling? the u.s. spends between $100 to $120 billion more than it takes in every month, so it has to boor remoney to pay its bills. it will take an act of congress to legally borrow more and rack up more debt. the debt ceiling is set at $16 trillion, 394 billion. last week it stood at $16,268,000,000,000. it could hit a high by february of next year. and now home prices, the recovery in much of the country, new home sales numbers today, we learned yesterday that home prices were up nationwide by 3.6% in the third quarter. that's the biggest rise nationwide in more than two years. but look, all real estate is local. we want to show you the cities with the strongest gains in the past year. home prices in phoenix gained more than 20%. minneapolis home prices rose 9%. there are only two big cities with homes losing value. new york and chicago. they slipped a little bit year over year. wha
that this could have a crushing impact on the u.s. economy. what are they saying about this? >> well, that's the problem for policymakers. i do think both republicans and democrats they want a deal. leaders want a deal because this really could be an economic catastrophe. i mean, that's what something that ben bernanke warned repeatedly. put politics aside for a little bit and try to get a deal. but both sides want to get the best deal possible and you're in the going to see any deal anytime soon because we have until january 1st. >> so you're saying they're going to wait until the last second. >> last second, up to christmas, if not new year's. this week when congress comes back and into next week, you see jockeying for leverage. that's what's going to happen. no major deal is going to reach -- be reached much before christmas if there is a deal. >> no plan for bob cusack celebrating the new year. you'll be on the hill waiting for a deal. we'll continue the conference. i appreciate it. switching gears, just into us at cnn, new damage estimates from superstorm sandy. to alison kosik live f
protecting the economy? if you're able to gain more revenue by closing special loopholes, and limiting them. and keeping the rate down, so you have better ground control. isn't that a better outcome. >> talk of tax deductions and closing loopholes. a big note on raising tax rates. a lot of talk, but not much real movement, at least for now. as for grover norquist. he told soledad o'brien today, although some republicans are discussing impure thoughts on television, they won't really act on them. >> lindsay graham says i would raise taxes if, and then he lists this incredible list of reforms and entitlements that the democrats would never give him. as i suggested to him, i said, senator you're offering to trade a tax increase for a pink unicorn that doesn't exist. >> whether he does or doesn't bend on taxes, pundits here in washington seem terribly impressed that senator graham and others are talking about going against grover norquist. outside the beltway, most people don't know grover norquist from grover on sesame street. standing up to a lobbyist, even a powerful one is only washington p
the economy. and so he is trying to do this by this political move he's made that is now being contested. >> ambassador edward, thank you so much for your time. appreciate it. >> my pleasure, fred. >> all right. i guess you could call it divine intervention. an oklahoma teen is sentenced to church instead of prison for a fatal dui crash. our legal guys praise the judge for this decision in they'll be weighing in. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> a maryland law goes before the supreme court in february, what happens there could affect more than half the country. let's bring in our legal guys avery freeman, civil rights attorney and law professor in cleveland g to see you. >> hello. >> richard herman, a new york attorney from las vegas as well.
will send the wrong signal and may serve as taping point for our economy. so you're fear is that interest rates could surge. to be father, we've had this disastrous situation for years and interest rates have kept falling in spite of all worries that there would be a disaster. >> that's right. that's one of the things that distinguishes the fiscal cliff, which we're coming up against right now. from what i described yesterday says the fiscal avalanche. we can see when the fiscal cliff is about to hit. the avalanche occurs when people stop buying u.s. treasury instruments and we have to start raising the interest rate. eventually, we get to the point where we can't afford anything and that's what i'm concerned about. >> so, let me talk about the solution here because we talked back in may about this. we're finally here at the deadline, right. you talk ed at the time about wanting a simpler tax system and were open to some people paying more and you said some in the republican tea party would be okay with that. here's you on this program back in may. >> i'd make it a point never to speak fo
us. come shop at our places, too. >> i hope not. they're an important part of our economy, right? >> that's a good point. small businesses are creating the lions share of jobs in this country. adding 50,000 employees in october. you look at the october jobs report. the government said private employers added 184,000 job. yeah, that's a sizeable number. we're seeing that momentum pick up over the past year. besides the jobs factor there's also a human element out there. not only are you keeping local communities afloat by shopping at these local stores, there's kind of a camaraderie when you walk into a locally owned family business and everybody knows your name and they want to help you. you're not just going in, sliding your credit card and walking out and feeling like just a number. you feel like you're actually welcomed into the store and you're helped personally. >> absolutely. that is a good part of being a small business person and relating to your customers in a warmer, more intimate way. alison kosik live at the new york stock exchange. thank you. >>> new twist on a very
for washington. >> top priority for us is to advance policies that will get the u.s. economy growing again. >> the country has to have a higher rate of growth. that begins with addressing the fiscal cliff issue. >> so, bipartisan bottom line, right? not quite. you see those business leaders have a vested interest in which spending should be cut and which loopholes closed. and let's just say what's old is new again. alison kosik is at the new york stock exchange with a closer look. put this in language we can understand as people who are not ceos. >> many of these high-level ceos, carol, are part of this movement, this campaign to fix the debt we've been hearing so much about. this includes some of the biggest heads of business that are out there. and some have been more outspoken than others when it comes to what needs to get done to get a handle on the deficit. it also has a lot of people saying wait a minute. some of these decisions could really impact -- and not a good way -- have a huge impact on the poor and elderly. for ceo lloyd blankfein, he did an interview over the weekend with c
on fiscal cliff and the state of the u.s. economy. >>> other top stories for you this morning, former senator and presidential candidate bob dole expected to be discharged from a washington's walter reed army medical center today. an aide says the 89-year-old checked himself into the hospital for a routine procedure and that he's doing well. you might want to put down the pork chop. a new study from consumer reports found 69% of raw pork products in u.s. supermarkets are contaminated by a foodborne bacteria that can cause fever, cramps and intestinal bleeding. researchers say it means we need better hygiene in animal plants. the pork industry questions the methods used in the study. >> wow. >> cook your meat. >> we eat a lot of bacon on this show. >> the country does or you and i personally? >> the country does. and then you and i personally. >> yeah. >> eat a lot of bake be. awe should microwave it before we -- still ahead this morning on "starting point," might be another stand your ground case to tell you about in the state of florida. teenager shot and killed. the murder suspect s
economic growth, the economy has been very slow, too slow, and we need to do better. if we grow at 4% a year instead of 2% a year for one decade, the federal government would get $5 trillion more. that would pay down the entire debt that obama racked up in the first term, that's the way to go, not tax increases that would slow the economy. >> the reason why this is so interesting is it raises a question has to whether there are members of your party turning against you. senator chambliss is not the only one that said something like this, bill crystal said it would not kill the country to raise taxes. are you concerned that elements of the republican party are moving in a different direction? >> no, the good news, and certainly speaker boehner who was just reelected, and the leader of the republicans mick mcconnell have been very clear that they're going into this to reduce covet spending and reform government. they oppose tax hikes, 90% of americans and remembers in congress have made a written commitment to the american people, not to raise taxes. there will us be some that get aske
of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long rm. ♪ we've got to think long term. we've got to think long rm. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> we are now less than 24 hours into the cease-fire between gaza and israel, but how long will it hold? we'll have a leive report for you, coming up. >>> plus, an explosion rocks a neighborhood in indiana and now we've learned that more than 30 homes will be demolished, just in time for the holidays. >>> and millions of people will be heading to the stores tomorrow on this upcoming black friday, but many others will actually just hop on their cell phones to shop. we'll have the best mobile apps for you comin
feel the economy's getting stronger. and you know, it's just easier than it was last year. >> so, you know, i saw you looking around. what are the items that stand out to you? what are you looking to buy? >> well, today, i'm getting an itouch. >> very cool. and you know the other thing, i did the same story last year, and you talk with these people. you talk to families. this seems to be tradition. after thanksgiving you come out, you shop for black friday and you were telling me the same for you? >> that's correct. it's been a tradition since as long as i can remember that my mother and i would come shopping the day after thanksgiving, just a kickoff to the holidays. >> a lot of people seem to be doing that. fewer people in the store right now than we saw earlier. but the store opened at midnight. we saw some 600 people file into this particular store. a lot of people shopping for deals today. you'll see it, you know, today through sunday. these stores are doing everything they can to get as many people in the doors as possible. >> that's right. it's the thrill of the chase, right, g
good compared to the faltering economy in europe, the slowdown in china. you know, this could actually be the biggest job generator of anything that's been talked about recently. >> one thing i'm confused by and maybe concerned by also, though, is something that you know well. that the outlines of a deal are pretty clear. there are different options, there are choices, there are tweaks around the edge, but the outlines of the deal are there. and two weeks ago, everyone was saying, erskine bowles, says they're going to get it done. we're hearing people like harry reid say really not so fast. should we be worried? i mean, if you guys know what the parameters are and can't get it done that you're not going to get to the finish line again? >> well, i sure hope not. it would be extraordinarily bad for every american family, bad for american business. and unlike the challenges we faced in 2008 when we had that downturn and the fed and others used, you know, basically unprecedented tools, we don't have a lot of bullets left in the proverbial gun at this point. >> i want to ask you a couple of
.s. economy back into a recession. both congress and the white house are trying to make a deficit reduction deal to avoid the financial chaos. and president obama's reverting to some campaign mode right now to try to make sure things are done his way. our white house correspondent dan lothian is joining us now with new information. what are you learning, dan? >> reporter: well, wolf, while senior members of the administration including secretary geithner, chief of staff jack lou also top advisor meeting with -- the president himself trying to sell his vision to the public, but some say it's not a winning strategy. it doesn't take a gps to find the way to the fiscal cliff. much more difficult, finding the off ramp. at the president's first meeting with congressional leaders more than a week ago, there was a sense of optimism. >> my hope is is that this is going to be the beginning of a fruitful process. >> reporter: there was a follow-up phone call with house speaker john boehner, but a much different approach this week. the president's calendar is packed with sales pitches to the public, wh
, the end of the blockade, or the easing of the blockade, that's crippled the economy now for four years, and the israelis want security, obviously, for because of the hamas rockets hit for the first time as far as tel aviv and jerusalem. so there's motive to move forward. the question is, is there the will. that's always been the issue. >> both sides have the motive to move forward, as you say. both sides also claiming victory in this small skirmish over the last several days. want to play a sound bite from the leader of hamas who spoke in gaza city. >> translator: the victory of gaza is a solid truth, not a phenomenon. the era of egypt and the region has changed, and america has now beginning to learn a new and listen to a new language. >> so is he right? is there a new era dawning in the middle east? and what does it mean for the u.s.? >> well, there's clearly a new era dawning in the middle east. and we're still trying to figure out what the new order is going to look like, as are many people on the ground. but both sides to a certain degree can claim a degree of victory here. hamas
with the bad for the economy and would be a source of social conflict. so we created a vast policy innovation called the g.i. bill. i think we need something that is an encore bill to help tens of millions who are crossing different terrain. it's not geographic. it's not from military service disability and life but it's really a stage in life that has no name, that has few pathways and institutions, but in the same way that we are deeply invested in those soldiers finding their footing. the same is true of all these millions and millions of people today who are in this period that is between life resembling retirement and old age. i would like to see us do it in a way that promotes social mobility. this wonderful example, the troops and teachers program which helps, to go back to the g.i. bill analogy, would help mostly sergeants coming back from the gulf war, moving the ball for school teaching. it was created by an 86-year-old retired history professor at washington university who watched a youth account of soldiers coming back from the first iraq war who were having trouble getting their
an important part of the economy. so we wish everybody the best. >> hopeful they'll be able -- the people want their jobs. this looks like the people who own the company really wanted to continue to make this iconic brand. >> if investors could buy it maybe they could keep some of those factories running. some of those factories quite frankly are pretty old and inefficient. so we'll see. >> christine, thank you for the update. still ahead we continue to follow the breaking news out of tel aviv the bomb blast on that bus this morning. ruin any chances for a de-escalation which is what they've been talking about. we're going to be chatting with the ambassador stuart holliday ahead. then the republican tradition the iowa straw poll. why is the state's governor saying, eh, kind of useless. talk about that straight ahead. oh no, not a migraine now. try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. i heard you guys can ship
'm there when the consumers are waiting in line to get in. >> the economy is improving, albeit slowly. how much will we hear the cha ching this weekend? you're going to hear this was a really black friday because they extended the hours, got new consumers who are shopping. not everybody is a sporting shopper who gets up at 3:00 or 4:00 am. >> sporting shopper. >> that's a nice way of saying those fanatics, those crazy people who go out those crazy hours. it's about recognizing they've been able to expand that to a whole new group of shoppers that will be shopping later today. >> compare it to last year. >> do you have more money in your pocket just because there are more hours? what's going to happen is consumers are going to take advantage of some of the really good deals upfront and then we'll go into that two-week low after the black friday weekend. that low will be even bigger. higher early and a lower low and then we're going to go back to that craziness that happens at the last minute. >> you mentioned the big deals that get you in the door, door buster deals i guess they're called. i wan
ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. >>> the countdown is on. 36 takes until we reach the so-called fiscal cliff. can the president and congress get a deal done? it all depends on working together. a lesson learned by hostage negotiators, high-profile attorneys, and yes, kids on the playground. here's cnn's kyung lah. >> we cannot afford to extend the bush tax cuts for the wealthy. >> 700,000 jobs would be destroyed. >> reporter: two sides, ground into their positions. but they can meet in the middle. just ask tough negotiators outside the beltway. >> i'm the negotiator who knows how to deal with bad guys. >> reporter: he's not talking about politicians. but crooks. literally. trimarco was the fbi's negotiator in high-profile bank who is tamg standoffs. he says he peacefully freed dozens of hostages during his 20 years with the agency. he negotiated seemingly impossible deals and says he never lost a life. you have to plan for everything going wrong as a negotiator. >> yeah. you've got to be ready for it. and to de
speeches in the past yet at the same time you look at the economy of egypt, and as a key power player in the region he will really emerge as the key peacekeeper. >> it will be a test for him. it will clearly be a test for him how he manages the relationship, the peace agreement with egypt's peace treaty with israel but at the same time how they handle the situation in gaza city where he does have a representative there. another point about this, this was in tel aviv, an attack on a bus. clearly targeting civilians. when you talk, the criticism in the last few days has been about the civilian misery in gaza city because of these destructive air strikes from the israeli military into gaza city. and our ben wedeman points out in these conflicts, it is, it is, it stans the test of time that it is civilians who bear the brunt of these disagreements between countries, between territories, between peoples, and this has been quite, quite difficult for civilians, no question. clearly in gaza city bracing for retaliation. >> reza sayah live for us this morning in cairo where we know secretary o
fund an agreement to lend $4.8 billion to egypt. the egyptian economy is a wreck. they have lost their tourist dollars. egypt is the world's largest importer of wheat. the population is growing by a million people a year. they are completely dependent on outside aid. this government took power at the beginning of the year. and since then the flow of rocket materials into gaza has accelerated as has the firing of rockets. so it looks to what have happened is this, that the new government began by allowing hamas more room to behave destructively. then they ran out of money. then they went to the imf, and the imf squeezed them. they said, if you want the money, the rockets stop. and it looked like they got the money on thursday. -- sorry, two days ago, and the rockets are stopping today. >> now, to talk about a long-term solution, a lot of discussion has involved the former president bill clinton. wolf talked just a little while ago today in fact to middle east peace envoy -- the former middle east peace envoy george mitchell. here's what he had to say about the possibility of invol
Search Results 0 to 40 of about 41 (some duplicates have been removed)